Securing the future for our students and faculty
Endowment gifts provide an ongoing source of income for Lynn University. They function in perpetuity, providing financial stability over the long term. The principal amount is never spent. Instead, it is invested to produce interest that generates ongoing income to sustain the university over time. An endowment serves as a permanently named tribute for the donor or one who is honored. It also provides for future generations, continues the tradition of helping those in need, and perpetuates a donor’s enduring vision. A restricted endowment may only be used for the purpose that is directed by the donor.
From 2000 to 2010 our endowment has grown from $4,180,000 to $19,185,000. Since 2006, nine new endowed scholarships and one new endowed professorship have been established.
The university seeks gifts for endowments to secure faculty positions, endow the conservatory and provide accessibility through scholarships to students.